Question: How much will you end up paying at the end of your 30-year mortgage at a compound monthly interest rate of 3.99%, if your monthly
How much will you end up paying at the end of your 30-year mortgage at a compound monthly interest rate of 3.99%, if your monthly payment is $ 1,168.26?
Select one: a. $909,900.89 b. $809,386.44 c. $856,786.00 d. $1,000,000.00 e. $1,017,000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
